Asset manager WisdomTree has registered the CoinDesk 20 Fund in Delaware, a new index product offering exposure to the top 20 crypto assets. The fund includes Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink, Hedera, and other leading tokens, providing diversified access for conservative investors.
The filing comes days after the U.S. SEC introduced generic listing standards for crypto funds, allowing exchanges to bypass the traditional 19b-4 form and receive approval within 75 days. The streamlined framework is expected to accelerate ETF and ETP filings, with Bloomberg analyst Eric Balchunas noting the move will trigger a surge in crypto fund launches.
For WisdomTree, the CoinDesk 20 Fund expands its footprint beyond Bitcoin and Ethereum products, aligning with investor demand for broader digital asset exposure. The registration reflects both regulatory progress and the deepening role of crypto in traditional financial markets. An S-1 filing with the SEC is expected in the near future.
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